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ANC Limpopo to probe municipalities processes in depositing to VBS

12 October 2018 1:12 PM
Tags:
ANC Limpopo
corruption at VBS Mutual Bank
ANC's Phuti Seloba says the probe's findings will determine what actions be taken against the officials implicated in the matter.

ANC Limpopo spokesperson Phuti Seloba says the province will carry out its own forensic investigations into the looting of VBS Mutual Bank.

He says the investigations will trace the municipal funds and the processes involved when making deposits into VBS.

Seloba says the investigations should be completed in a month's time.

Findings of the probe will determine what action to take against those implicated, says Seloba.

Read: 'VBS stolen money bought the most useless things like Ferraris and helicopters'

At the moment we don't want to say anything that might jeopardise the quality of the investigations.

Phuti Seloba, ANC Limpopo spokesperson

The investigation is going smoothly. We have called all the affected municipalities and they are cooperating with the investigator and we are hoping that in a month's time we will be able to go to the party and say here are the findings and recommendations.

Phuti Seloba, ANC Limpopo spokesperson

We are committing ourselves to implement the recommendations to the latter and the harshest action will be taken.

Phuti Seloba, ANC Limpopo spokesperson

To hear the rest of the conversation with Phuti Seloba, listen below:


12 October 2018 1:12 PM
Tags:
ANC Limpopo
corruption at VBS Mutual Bank

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